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Day Trading Basics

Discuss about day trading basics: price action, orders, candlesticks, indicators.


    • Not a quote..but still true...
    • Hi Brandon   This is the reply I got from Alliance. My account is up and ready for funding. Waiting for CMEG to release it's new fees structure and will then decide which broker to go with.    
    • Hi Bryan I got an email from Alliance that my account is approved and good to be funded. I now have active accounts with both CMEG and Alliance. Not sure though where to put my money in. Waiting for CMEG to get us the new fees structure and will then decide whether to go for CMEG or Alliance. If we look at the website and the email response from both CMEG and Alliance, CMEG looks a bit more professional to me.   
    • may 21, no trades for me.
      i had the intention of taken a day off, i did log into the chatroom and my das was ready just in case...
      But i stopped checking it after half hour and logged out without trades. may22 i start again in Sim. Before i go back live i have to prove myself in Sim. i'm not sure how long it will take. My first goal i want to set myself is a win ratio of over 65%,  so to focus on making good setup trades.
      If i can reach this PL would be a next goal. hopefully with a good winratio the PL would be there automatic. this all depends on the loosers.
      its easy to let them run some in Sim and get lucky but i will try to not do this .

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